LG Energy Solution Lowers Earnings Forecast Amid Sluggish EV Demand; Shares Plummet
South Korean battery manufacturer LG Energy Solution (LGES) has issued a warning about a revenue decline for this year, projecting a drop of over 20%. The company attributes this decline…
Kraken Completes Distribution of Mt. Gox Bitcoin Without Significant Selling Activity from Creditors
Crypto exchange Kraken has officially concluded the distribution of Bitcoin and Bitcoin Cash to creditors of the defunct Mt. Gox exchange, as announced by Kraken’s CEO, Dave Ripey. This marks…
TOVNET Secures Strategic Supply Contracts for SolarCams and Gains Global Recognition
TOVNET, a leader in innovative solar-powered surveillance solutions, has secured a significant supply contract for its SolarCams in Indonesia, targeting the regions of Pekanbaru City and Pelalawan Regency on Sumatra…
Elon Musk Reschedules Tesla Robotaxi Unveiling to October 10
Elon Musk announced a new date for unveiling Tesla’s “robotaxi” prototype, now set for October 10, after delaying the original reveal planned for August 8. Musk indicated that the delay…
The HOTH Announces Stunning SEO Success: 241% Traffic Boost for Small Business
The HOTH is proud to announce a remarkable success story with their HOTH X program, achieving a 241% traffic boost for a window tinting enterprise. Initially, the business faced significant…
Worldcoin Refutes Allegations of Insider Trading and Market Manipulation
Worldcoin has recently found itself at the center of controversy following claims of insider trading and price manipulation concerning its cryptocurrency, the Worldcoin (WLD) token. These allegations have sparked a…
Telegram Surpasses 950 Million Users, Announces Plans for New App Store Launch
Messaging app Telegram has reached 950 million active users, with the company’s founder Pavel Durov announcing plans to surpass the 1 billion mark by the end of this year. Durov…
Indian Finance Minister Overlooks Crypto Tax Reduction Requests in 2024 Budget
During the presentation of the 2024 Union Budget on July 23, Indian Finance Minister Nirmala Sitharaman made no mention of cryptocurrencies, leaving the existing taxation structure unchanged. This decision was…
Trump Campaign Challenges Harris’ Claim to Biden’s Campaign Funds
The campaign of Republican presidential candidate Donald Trump has lodged a formal complaint with the Federal Election Commission (FEC), contesting the legality of Vice President Kamala Harris assuming control of…
Mattel Reveals New Barbie Project Friendship Game
Mattel, in collaboration with Outright Games, has announced the upcoming release of Barbie Project Friendship, an adventure game celebrating the 65th anniversary of Barbie. The game, available from October 25th,…
Grayscale Moves $1 Billion in ETH to Coinbase in Preparation for Ether ETF Debut
On July 22, Grayscale, a leading digital asset manager, transferred $1 billion worth of Ether to Coinbase. This significant move aligns with the company’s preparations for the anticipated launch of…
Baidu’s Robotaxi Vision Faces Scrutiny Despite Recent Stock Surge
China’s rapid adoption of autonomous driving technology is not generating the expected optimism for Baidu Inc., as analysts struggle to identify a new growth catalyst for the company. Baidu’s shares,…
Hex Trust Secures Preliminary Approval for Payment Institution License in Singapore
Hex Trust, a leading digital asset custodian, has achieved a significant regulatory milestone by obtaining in-principle approval from Singapore’s financial regulator for a major payment institution (MPI) license. This development…
DeepL Expands AI Translation Services with Traditional Chinese Launch in Asia
German artificial intelligence translation startup DeepL has launched traditional Chinese as a language option, aiming to expand its footprint in Asia. DeepL, valued at $2 billion, focuses on providing translation…
Mt. Gox Distributes $335 Million in Bitcoin to Bitstamp and an Unidentified Wallet
Mt. Gox, the cryptocurrency exchange that famously collapsed in 2014, continues its long process of reimbursement by transferring a substantial amount of Bitcoin to the exchange Bitstamp and another unknown…
Boeing and NASA Conclude Ground Tests on Starliner Thruster, Review Data Before Crew Return
Boeing and NASA engineers have completed ground tests on the Starliner Reaction Control System (RCS) thruster. They aimed to figure out what went wrong during the spacecraft’s flight in early…
GreenBananaSEO Announces Innovative Boston SEO Strategies Driving Digital Marketing Success
GreenBananaSEO, a leading Boston-based digital marketing agency, is setting new standards in search engine optimization (SEO). With a focus on innovative strategies, data-driven decision-making, and unparalleled customer service, GreenBananaSEO has…
Elon Musk Halts Tesla’s Mexico Factory Plans in Response to Trump’s Tariff Threats
Tesla CEO Elon Musk announced on Tuesday that the company is putting its plans to build a new gigafactory in Mexico on hold. The decision comes in response to former…
Waymo-Zeekr Launches Robotaxi Service in San Francisco
Waymo has started testing a new robotaxi model on the public roads of San Francisco, developed in partnership with Chinese electric vehicle manufacturer Zeekr. Currently, Waymo has a small fleet…
Foxconn Commits $138 Million to Establish New Business Headquarters in China
Taiwan’s Foxconn, the world’s largest contract electronics maker and Apple’s biggest iPhone assembler, announced on Wednesday its plans to invest 1 billion yuan ($137.5 million) to construct a new business…